Venture Capital Myths: Why 77% of Funded Startups Get Written Off
From the video description
Venture capital myths keep founders chasing the wrong outcome. Rand Fishkin raised $29M for a VC-backed startup, then built his next company a completely different way, and brought the data to explain why. At MicroConf US 2024 in Atlanta, Rand Fishkin took seven beliefs about venture capital that founders treat as settled fact and tested each against public data. He led Moz for 17 years, raising $29M and reaching $50M+ in revenue before the company sold for less than its investors needed. In 2018 he started SparkToro with a $1.3 million raise from his own network, no board seats, and capped founder salaries until investors were repaid. VCs aren't bad people; it's that the asset class is…
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Video by MicroConf, played through YouTube.
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